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MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!

 
Anonymous Coward
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11/01/2011 10:36 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
why is the Greek bonds going up?
 Quoting: Anonymous Coward 4419631


up is bad...
 Quoting: MARTIAL LAW


Sorry, not market literate. Why is it bad?
 Quoting: Anonymous Coward 4242853


to put it simply...bond yields are the interest paid to the holder for buying bonds...the higher the yield, the more they pay...but the reason they rise is to offset the risk of holding them. a yield of 200% is so off the chart is not even funny.
 Quoting: MARTIAL LAW


Thanks. No more dumb questions. I'll just watch the show...
MARTIAL LAW (OP)

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11/01/2011 10:36 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Anybody remember that thread with a post from a supposed insider saying back in early August that FIVE eu countries (I'm guessing PIIGS) would go down in 90 days?

It's almost right on cue. Not that it's really all that surprising but still.
 Quoting: MARTIAL LAW


Don't know the validity of this, but here it is (note the timeline):

"I'll try to keep this short. A friend of 50 years called to inform me of a goverment action. A friend of his[40 years] came to town & told him a week before , [8-7-11 approx.] a person from goverment came to there area ,had them call a tri county meeting of all key police department personnel & said this, There are going to be 5 countries in Europe that are going to collapse in next 90 days, people will come hear expecting us to take care of them, we will be flooded with people [ shortening this] - not going to happen.THEY WERE TO 1st order all ammo that you can for your dept., Now, 2nd issue all riot gear to personnel now, 3rd buy all the food you can for your families now, because when this happens there's will only be 5 hours of food on store shelves.

this person is upset, did not believe any of this could happen in the USA, they were told this would be usa wide and to get ready for riots. I called back Friday, ask my friend where this occurred, would not tell exact city , but that It happened dallas texas tri counties! I'm taking this just as A HEADS UP! I'll keep my eyes & ears wide open for any
thing changing or just out of place. If anyone hears of any other location having similar notices , pass it on. bless you"


Last Edited by MARTIAL LAW on 11/01/2011 10:37 AM
:martiallaw4:

“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”

Isaiah 43:2
When you pass through the waters, I will be with you; and when you pass through the rivers, they will not sweep over you. When you walk through the fire, you will not be burned; the flames will not set you ablaze.

Ecclesiastes 12:14
For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil. ~9/11 Was An Inside Job!
MARTIAL LAW (OP)

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11/01/2011 10:38 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
...


up is bad...
 Quoting: MARTIAL LAW


Sorry, not market literate. Why is it bad?
 Quoting: Anonymous Coward 4242853


to put it simply...bond yields are the interest paid to the holder for buying bonds...the higher the yield, the more they pay...but the reason they rise is to offset the risk of holding them. a yield of 200% is so off the chart is not even funny.
 Quoting: MARTIAL LAW


Thanks. No more dumb questions. I'll just watch the show...
 Quoting: Anonymous Coward 4242853


not a dumb question if you're just trying to learn!
:martiallaw4:

“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”

Isaiah 43:2
When you pass through the waters, I will be with you; and when you pass through the rivers, they will not sweep over you. When you walk through the fire, you will not be burned; the flames will not set you ablaze.

Ecclesiastes 12:14
For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil. ~9/11 Was An Inside Job!
Anonymous Coward
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11/01/2011 10:38 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
OOH...look....the Germans are upset:

[link to business.financialpost.com]

What a shame!

redfaceredfaceredfaceredfaceTankgaahgaahgaah
Anonymous Coward
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11/01/2011 10:42 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
OOH...look....the Germans are upset:

[link to business.financialpost.com]

What a shame!

redfaceredfaceredfaceredfaceTankgaahgaahgaah
 Quoting: Anonymous Coward 3579277


How long before they send the paratroopers back in?
Anonymous Coward
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11/01/2011 10:43 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Ok I'm pretty sure this will be theme of the day here at GLP so I will make a thread of my own too.

Where to begin?

DOW futures -228

DAX is down over 5%! -320

[link to www.google.com]

FTSE MIB down a stunning -1100 !!!

[link to www.google.com]

GREECE 1-year yield fell drastically after the crisis was 'fixed' and now are SOARING higher than they were before!!

1-Year approaching 200!! (194)

[link to www.bloomberg.com]

Greece 2 year @ 84:

[link to www.bloomberg.com]

But this isn't the news...no the news is now ITALY. The crisis is QUICKLY spreading there and then its GAME OVER:

Italy 2-year up over 8% today and rising...

[link to www.bloomberg.com]

(ITALY 2-YR BOND YIELD SPREAD VS GERMANY HITS NEW EURO LIFETIME HIGH ABOVE 500 BPS)

Italian 10 Year Bond Price Almost An 8 Handle

Stunned horror, even from the ECB which is not even pretending to be able to put a floor under Europe's fulcrum security - the Italian 10 year. Popcorn not optional. If this thing hits 8X, cue panic.

[link to www.zerohedge.com]

-------------------------------------------------------------​---------------


Europe On The Verge Of A Political Crisis

And the hits just keep on coming, with the Greek government now just one vote away from total collapse

As a reminder 151 votes are needed to pass a vote. But that's not all:

Senior member of Italian opposition says party has asked president Giorgio Napolitano to form new government before G20 summit in Cannes

[link to www.zerohedge.com]

 Quoting: MARTIAL LAW


let's keep an eye on this.
Anonymous Coward
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11/01/2011 10:45 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
NYSE invokes rule 48 to cope with market volatility.

[link to business.financialpost.com]

stoned secrets dead3
Anonymous Coward
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11/01/2011 10:47 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
GLP Dow M-E-L-T-D-O-W-N number 425.

LoL
Me too

User ID: 4422200
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11/01/2011 10:48 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Anybody remember that thread with a post from a supposed insider saying back in early August that FIVE eu countries (I'm guessing PIIGS) would go down in 90 days?

It's almost right on cue. Not that it's really all that surprising but still.
 Quoting: MARTIAL LAW


Don't know the validity of this, but here it is (note the timeline):

"I'll try to keep this short. A friend of 50 years called to inform me of a goverment action. A friend of his[40 years] came to town & told him a week before , [8-7-11 approx.] a person from goverment came to there area ,had them call a tri county meeting of all key police department personnel & said this, There are going to be 5 countries in Europe that are going to collapse in next 90 days, people will come hear expecting us to take care of them, we will be flooded with people [ shortening this] - not going to happen.THEY WERE TO 1st order all ammo that you can for your dept., Now, 2nd issue all riot gear to personnel now, 3rd buy all the food you can for your families now, because when this happens there's will only be 5 hours of food on store shelves.

this person is upset, did not believe any of this could happen in the USA, they were told this would be usa wide and to get ready for riots. I called back Friday, ask my friend where this occurred, would not tell exact city , but that It happened dallas texas tri counties! I'm taking this just as A HEADS UP! I'll keep my eyes & ears wide open for any
thing changing or just out of place. If anyone hears of any other location having similar notices , pass it on. bless you"

 Quoting: MARTIAL LAW


I'm nervous. Will I be able to pull my check out of BOA and buy food on Friday?
Who is John Galt?
N34444

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11/01/2011 10:51 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
why is the Greek bonds going up?
 Quoting: Anonymous Coward 4419631


up is bad...
 Quoting: MARTIAL LAW


Sorry, not market literate. Why is it bad?
 Quoting: Anonymous Coward 4242853


to put it simply...bond yields are the interest paid to the holder for buying bonds...the higher the yield, the more they pay...but the reason they rise is to offset the risk of holding them. a yield of 200% is so off the chart is not even funny.
 Quoting: MARTIAL LAW


Don't you mean "THE LESS THEY PAY?"
Assets feed you, liabilities eat you.
Anonymous Coward
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11/01/2011 10:55 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
GLP Dow M-E-L-T-D-O-W-N number 425.

LoL
 Quoting: Anonymous Coward 3043963

Checked my records and this is actually GLP Dow M-E-L-T-D-O-W-N number 427 not 425.
Anonymous Coward
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Greece
11/01/2011 10:55 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
WE WILL DESTROY THE F... SLAVERY SYSTEM ...WITH OUR BLOOD
Jane SmithModerator
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11/01/2011 10:55 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Congrats on the Super Pin Martial!!! I hope everyone took us seriously last week when we told them the EU think would not work. Merkel said it herself when she suggested that war was a strong possibility.

Right now, batten down the hatches, makes sure you prep ducks are in a row & protect you financial assets. Have cash on hand and a cool head. If the riots start in your town, a cool head will be one of your best defensive weapons.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
Me too

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11/01/2011 10:59 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Congrats on the Super Pin Martial!!! I hope everyone took us seriously last week when we told them the EU think would not work. Merkel said it herself when she suggested that war was a strong possibility.

Right now, batten down the hatches, makes sure you prep ducks are in a row & protect you financial assets. Have cash on hand and a cool head. If the riots start in your town, a cool head will be one of your best defensive weapons.
 Quoting: Jane Smith


Jane,
How long do I have? I get paid on Friday?
Who is John Galt?
MARTIAL LAW (OP)

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11/01/2011 11:00 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
...


up is bad...
 Quoting: MARTIAL LAW


Sorry, not market literate. Why is it bad?
 Quoting: Anonymous Coward 4242853


to put it simply...bond yields are the interest paid to the holder for buying bonds...the higher the yield, the more they pay...but the reason they rise is to offset the risk of holding them. a yield of 200% is so off the chart is not even funny.
 Quoting: MARTIAL LAW


Don't you mean "THE LESS THEY PAY?"
 Quoting: N34444


No i meant more. The yield reflects risk...higher yield = higher risk, thus pay more.

Yields on risky assets are forced to rise to attract buyers.

With great risk comes the potential for great rewards.

That's the theory behind investing in junk bonds.
:martiallaw4:

“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”

Isaiah 43:2
When you pass through the waters, I will be with you; and when you pass through the rivers, they will not sweep over you. When you walk through the fire, you will not be burned; the flames will not set you ablaze.

Ecclesiastes 12:14
For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil. ~9/11 Was An Inside Job!
gebahie

User ID: 1475197
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11/01/2011 11:00 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Anybody remember that thread with a post from a supposed insider saying back in early August that FIVE eu countries (I'm guessing PIIGS) would go down in 90 days?

It's almost right on cue. Not that it's really all that surprising but still.
 Quoting: MARTIAL LAW


Don't know the validity of this, but here it is (note the timeline):

"I'll try to keep this short. A friend of 50 years called to inform me of a goverment action. A friend of his[40 years] came to town & told him a week before , [8-7-11 approx.] a person from goverment came to there area ,had them call a tri county meeting of all key police department personnel & said this, There are going to be 5 countries in Europe that are going to collapse in next 90 days, people will come hear expecting us to take care of them, we will be flooded with people [ shortening this] - not going to happen.THEY WERE TO 1st order all ammo that you can for your dept., Now, 2nd issue all riot gear to personnel now, 3rd buy all the food you can for your families now, because when this happens there's will only be 5 hours of food on store shelves.

this person is upset, did not believe any of this could happen in the USA, they were told this would be usa wide and to get ready for riots. I called back Friday, ask my friend where this occurred, would not tell exact city , but that It happened dallas texas tri counties! I'm taking this just as A HEADS UP! I'll keep my eyes & ears wide open for any
thing changing or just out of place. If anyone hears of any other location having similar notices , pass it on. bless you"

 Quoting: MARTIAL LAW


I'm nervous. Will I be able to pull my check out of BOA and buy food on Friday?
 Quoting: Me too


You have BOA WOW another do
MARTIAL LAW (OP)

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11/01/2011 11:00 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Congrats on the Super Pin Martial!!! I hope everyone took us seriously last week when we told them the EU think would not work. Merkel said it herself when she suggested that war was a strong possibility.

Right now, batten down the hatches, makes sure you prep ducks are in a row & protect you financial assets. Have cash on hand and a cool head. If the riots start in your town, a cool head will be one of your best defensive weapons.
 Quoting: Jane Smith


thanks Jane and you are right!

hf

Last Edited by MARTIAL LAW on 11/01/2011 11:00 AM
:martiallaw4:

“The bravest are surely those who have the clearest vision of what is before them, glory and danger alike, and yet notwithstanding, go out to meet it.”

Isaiah 43:2
When you pass through the waters, I will be with you; and when you pass through the rivers, they will not sweep over you. When you walk through the fire, you will not be burned; the flames will not set you ablaze.

Ecclesiastes 12:14
For God shall bring every work into judgment, with every secret thing, whether it be good, or whether it be evil. ~9/11 Was An Inside Job!
Anonymous Coward
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11/01/2011 11:02 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
1000 will be defended tooth and nail
Jane SmithModerator
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11/01/2011 11:02 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Somebody PIN this so we can watch through the day...
 Quoting: Anonymous Coward 4242853


Okay, I bought us a green pin.

If anyone who enjoys this thread would be kind enough to replenish some of the karma I expended on it, I would greatly appreciate it.
 Quoting: goodmockingbird


Yo, GoodMockingBird... a greenie coming your way. What the heck ddid you post yesterday that has earned you the HATE as evidenced on your karma board?
 Quoting: Frankenstein


Thing is, I can't figure out if I was being boo'ed 'as' a commie, or if it was being signed off 'by' a commie.

Hell if I know what it's about.
 Quoting: goodmockingbird


Karma hate gone.
hf
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
AnonyMouse Howard

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11/01/2011 11:04 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Anybody remember that thread with a post from a supposed insider saying back in early August that FIVE eu countries (I'm guessing PIIGS) would go down in 90 days?

It's almost right on cue. Not that it's really all that surprising but still.
 Quoting: MARTIAL LAW


Don't know the validity of this, but here it is (note the timeline):

"I'll try to keep this short. A friend of 50 years called to inform me of a goverment action. A friend of his[40 years] came to town & told him a week before , [8-7-11 approx.] a person from goverment came to there area ,had them call a tri county meeting of all key police department personnel & said this, There are going to be 5 countries in Europe that are going to collapse in next 90 days, people will come hear expecting us to take care of them, we will be flooded with people [ shortening this] - not going to happen.THEY WERE TO 1st order all ammo that you can for your dept., Now, 2nd issue all riot gear to personnel now, 3rd buy all the food you can for your families now, because when this happens there's will only be 5 hours of food on store shelves.

this person is upset, did not believe any of this could happen in the USA, they were told this would be usa wide and to get ready for riots. I called back Friday, ask my friend where this occurred, would not tell exact city , but that It happened dallas texas tri counties! I'm taking this just as A HEADS UP! I'll keep my eyes & ears wide open for any
thing changing or just out of place. If anyone hears of any other location having similar notices , pass it on. bless you"

 Quoting: MARTIAL LAW


I'm nervous. Will I be able to pull my check out of BOA and buy food on Friday?
 Quoting: Me too


Most likely.
Me too

User ID: 4422200
United States
11/01/2011 11:06 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Anybody remember that thread with a post from a supposed insider saying back in early August that FIVE eu countries (I'm guessing PIIGS) would go down in 90 days?

It's almost right on cue. Not that it's really all that surprising but still.
 Quoting: MARTIAL LAW


Don't know the validity of this, but here it is (note the timeline):

"I'll try to keep this short. A friend of 50 years called to inform me of a goverment action. A friend of his[40 years] came to town & told him a week before , [8-7-11 approx.] a person from goverment came to there area ,had them call a tri county meeting of all key police department personnel & said this, There are going to be 5 countries in Europe that are going to collapse in next 90 days, people will come hear expecting us to take care of them, we will be flooded with people [ shortening this] - not going to happen.THEY WERE TO 1st order all ammo that you can for your dept., Now, 2nd issue all riot gear to personnel now, 3rd buy all the food you can for your families now, because when this happens there's will only be 5 hours of food on store shelves.

this person is upset, did not believe any of this could happen in the USA, they were told this would be usa wide and to get ready for riots. I called back Friday, ask my friend where this occurred, would not tell exact city , but that It happened dallas texas tri counties! I'm taking this just as A HEADS UP! I'll keep my eyes & ears wide open for any
thing changing or just out of place. If anyone hears of any other location having similar notices , pass it on. bless you"

 Quoting: MARTIAL LAW


I'm nervous. Will I be able to pull my check out of BOA and buy food on Friday?
 Quoting: Me too


You have BOA WOW another do
 Quoting: gebahie


I knwo, it has been a financially rough month. I plan to switch to local credit union after I get my next check. I have to wait until I have a new account to change my automatic deposits. Can't open a new account until I have money.
Who is John Galt?
Anonymous Coward
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11/01/2011 11:06 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Anybody remember that thread with a post from a supposed insider saying back in early August that FIVE eu countries (I'm guessing PIIGS) would go down in 90 days?

It's almost right on cue. Not that it's really all that surprising but still.
 Quoting: MARTIAL LAW


Don't know the validity of this, but here it is (note the timeline):

"I'll try to keep this short. A friend of 50 years called to inform me of a goverment action. A friend of his[40 years] came to town & told him a week before , [8-7-11 approx.] a person from goverment came to there area ,had them call a tri county meeting of all key police department personnel & said this, There are going to be 5 countries in Europe that are going to collapse in next 90 days, people will come hear expecting us to take care of them, we will be flooded with people [ shortening this] - not going to happen.THEY WERE TO 1st order all ammo that you can for your dept., Now, 2nd issue all riot gear to personnel now, 3rd buy all the food you can for your families now, because when this happens there's will only be 5 hours of food on store shelves.

this person is upset, did not believe any of this could happen in the USA, they were told this would be usa wide and to get ready for riots. I called back Friday, ask my friend where this occurred, would not tell exact city , but that It happened dallas texas tri counties! I'm taking this just as A HEADS UP! I'll keep my eyes & ears wide open for any
thing changing or just out of place. If anyone hears of any other location having similar notices , pass it on. bless you"

 Quoting: MARTIAL LAW


We don't even have the resources to process people coming here and we have plenty of time to stop them to boot. We haven't even been letting in all the TOURISTS from other countries that want to come here and spend money. Sorry, but not buying the "inundated with people from collapsed countries" idea. Otherwise great thread.
Anonymous Coward
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11/01/2011 11:07 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Anybody remember that thread with a post from a supposed insider saying back in early August that FIVE eu countries (I'm guessing PIIGS) would go down in 90 days?

It's almost right on cue. Not that it's really all that surprising but still.
 Quoting: MARTIAL LAW


Don't know the validity of this, but here it is (note the timeline):

"I'll try to keep this short. A friend of 50 years called to inform me of a goverment action. A friend of his[40 years] came to town & told him a week before , [8-7-11 approx.] a person from goverment came to there area ,had them call a tri county meeting of all key police department personnel & said this, There are going to be 5 countries in Europe that are going to collapse in next 90 days, people will come hear expecting us to take care of them, we will be flooded with people [ shortening this] - not going to happen.THEY WERE TO 1st order all ammo that you can for your dept., Now, 2nd issue all riot gear to personnel now, 3rd buy all the food you can for your families now, because when this happens there's will only be 5 hours of food on store shelves.

this person is upset, did not believe any of this could happen in the USA, they were told this would be usa wide and to get ready for riots. I called back Friday, ask my friend where this occurred, would not tell exact city , but that It happened dallas texas tri counties! I'm taking this just as A HEADS UP! I'll keep my eyes & ears wide open for any
thing changing or just out of place. If anyone hears of any other location having similar notices , pass it on. bless you"

 Quoting: MARTIAL LAW


I'm nervous. Will I be able to pull my check out of BOA and buy food on Friday?
 Quoting: Me too


Most likely.
 Quoting: AnonyMouse Howard


Fuck BOA, get your money out NOW!

If you're smart.
Anonymous Coward
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11/01/2011 11:07 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
GLP Dow M-E-L-T-D-O-W-N number 425.

LoL
 Quoting: Anonymous Coward 3043963

Checked my records and this is actually GLP Dow M-E-L-T-D-O-W-N number 427 not 425.
 Quoting: Anonymous Coward 1471791

You are probably counting the 2 GLP Dow M-E-L-T-D-O-W-N-S from last week. I haven't counted them yet.
Doc Savage

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
Depressingly funny:

Anonymous Coward
User ID: 1298661
United States
11/01/2011 11:09 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
[link to make-everything-ok.com]
Jane SmithModerator
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User ID: 1215902
United States
11/01/2011 11:10 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
All because G-Pap hints at going FULL-ICELAND - good for him putting his nations interest above the bankers!

We're ALL ICELAND and the sooner the better!
 Quoting: Anonymous Coward 2836766


G-Pap. Sounds like a gynecological procedure -- perhaps appropriate considering how screwed this is.
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay
AnonyMouse Howard

User ID: 4346196
United States
11/01/2011 11:12 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
...


Don't know the validity of this, but here it is (note the timeline):

"I'll try to keep this short. A friend of 50 years called to inform me of a goverment action. A friend of his[40 years] came to town & told him a week before , [8-7-11 approx.] a person from goverment came to there area ,had them call a tri county meeting of all key police department personnel & said this, There are going to be 5 countries in Europe that are going to collapse in next 90 days, people will come hear expecting us to take care of them, we will be flooded with people [ shortening this] - not going to happen.THEY WERE TO 1st order all ammo that you can for your dept., Now, 2nd issue all riot gear to personnel now, 3rd buy all the food you can for your families now, because when this happens there's will only be 5 hours of food on store shelves.

this person is upset, did not believe any of this could happen in the USA, they were told this would be usa wide and to get ready for riots. I called back Friday, ask my friend where this occurred, would not tell exact city , but that It happened dallas texas tri counties! I'm taking this just as A HEADS UP! I'll keep my eyes & ears wide open for any
thing changing or just out of place. If anyone hears of any other location having similar notices , pass it on. bless you"

 Quoting: MARTIAL LAW


I'm nervous. Will I be able to pull my check out of BOA and buy food on Friday?
 Quoting: Me too


You have BOA WOW another do
 Quoting: gebahie


I knwo, it has been a financially rough month. I plan to switch to local credit union after I get my next check. I have to wait until I have a new account to change my automatic deposits. Can't open a new account until I have money.
 Quoting: Me too


You know that most credit unions and local banks maintain a "relationship" with major banks.
Molock

User ID: 1470234
United Kingdom
11/01/2011 11:12 AM
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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
beakerpanic
If normality is the measure of how well adjusted one is to a profoundly sick society,
then i dont ever want to be normal.
Jane SmithModerator
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User ID: 1215902
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11/01/2011 11:13 AM

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Re: MARKET WATCH 11/1/11....M-E-L-T-D-O-W-N...FTSE MIB Is DOWN -1100 !!!!!
I am not a financial wizard AT ALL. Pretty dumb when it comes to the market. But isnt this going to wipe out 401K's and other pension plans?

Are we witnessing the raping of those instruments?
 Quoting: SFC_Swede


Seriously..anyone?
 Quoting: SFC_Swede


Raping & pillaging
Life is karma and karma always reflects both past and present circumstance. Our time here is short, so choose carefully and behave well, for all of your tomorrows are presently being decided.

"Don't die on a small cross..." Saddletramp's Mom

"A fool thinks himself to be wise, but a wise man knows himself to be a fool."
-- William Shakespeare, born April 23, 1564.

Killer Bunny mockingjay

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